Mma betting has grown in popularity in recent years and there are several different ways to place a wager on a fight. The most common MMA betting type is the moneyline bet, which involves placing a bet on either a favorite or an underdog. In general, favorites will be listed with a minus sign in front of their odds while underdogs will have a plus sign in front of their odds.
The first step in mma betting is to set a bankroll for yourself. This is essential because it will help you to bet responsibly and avoid making bad decisions that could lead to financial ruin. Each bet you make should be no more than 2.5% of your total bankroll, which will help you keep your losses to a minimum. In addition, a well-established bankroll will help you stick to your winning bets and not lose money when your picks go wrong.
Next, look for an MMA sportsbook that accepts your preferred banking methods and doesn’t charge any fees for withdrawals or deposits. Also, check out their customer support system and ensure that it is 24/7 and offers options for both chat and phone support. A reputable sportsbook will also offer consistent bonuses and promotions related to MMA bouts.
Another important aspect of a good MMA sportsbook is the quality of its odds expressions. Odds are crucial because they showcase both the implied probability that your bet will win and your potential payout. They are displayed in three different formats, American Odds, Fractional Odds and Decimal Odds, and a sportsbook should feature by default the one that is most used in the country where it operates.
When analyzing the odds for a particular match, be sure to take into account the fighters’ styles and the fighting conditions in which they are accustomed. For example, a fighter who tends to win by submission may be able to outlast a more aggressive opponent in the early rounds. In addition, a fighter who has fought more competition may be better prepared for the longer course of a fight than someone who has only defended their title against lower-level opposition.
Lastly, it is important to study the fighters’ previous results in order to predict their style and strategy for the upcoming fight. Consider how a fighter has fared against opponents who are similar to the current challenger, as this will be an indicator of their likely performance in the upcoming bout.
Method of Victory
In a method of victory wager, you’re betting on how the fight will end—by knockout, technical knockout, disqualification, or by judge’s decision. The over/under round total is calculated based on the number of rounds scheduled for the fight and is adjusted by the vig or juice, which is added to the price of each bet.
If the fighter wins by a KO/TKO, disqualification, or submission, the bet is a push and all bets are returned. A rematch is a no-contest if the winner is declared by judges or the referee stops the fight before the 5th round begins for any reason other than a rematch rule violation, or a Knockout, Technical Knockout or Corner Retirement.